Southern States Sells Its Animal Feed Business to Cargill
Cargill will acquire the animal feed business of Richmond, Va.,-based Southern States Cooperative, Inc. The transaction is expected to close within 90 days, subject to customary approvals. Terms of the deal were not disclosed. This acquisition will help Cargill better serve its customers in the eastern U.S., and it’s an important part of Cargill Feed and Nutrition’s growth strategy.